Phoenix Tower International (“PTI”) has closed the acquisition of Infracos, the joint venture owned by Bouygues Telecom and SFR that manages approximately 3,700 wireless sites located in medium dense areas across France. This strategic investment brings PTI’s French portfolio to nearly 10,000 nationwide sites, including committed Build-to-Suit (BTS) deployments.
Pro forma for this transaction and contracted deployments, PTI will own and operate over 33,000 telecom towers across Europe, the United States, Latin America and the Caribbean. Freshfields is acting as legal counsel to PTI.
France is PTI’s largest individual market, and this acquisition reflects the company’s continued commitment to supporting the expansion of high-quality digital infrastructure across the country. The sites are underpinned by long-term contracts with leading telecom providers Bouygues Telecom and SFR.
PTI’s continued investment in France reinforces its long-term strategy of partnering with leading mobile operators to provide best-in-class infrastructure solutions that enable the future of connectivity.
PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI’s investors include funds managed by Blackstone, Wren House, Blackrock, Grain and USS and is headquartered in Boca Raton, Florida.
